The Q3 2025 used-car market saw prices rise, with the average transaction price for 3-year-old vehicles climbing to about $31,067 and average days on dealer lots slowing to 41 — the longest pace since 2017. While overall turnover softened amid affordability pressures and ample inventory, EVs bucked the trend by selling faster than other powertrains, fueled by strong buyer interest and limited supply. The report highlights shifting buyer behavior as shoppers weigh higher used prices against new-car incentives.
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